24 Balam Road 370024, Macpherson, Central Region, Singapore
$360,000
3S HDB / SIze 645Sqft/60 sqm HIGH FLOOR CORNER unit 2 bedrooms upgraded with 1 utility room 1 Bathroom Quiet living Neat and tidy No extension needed Bright and spacious All races eligible Amenities & Supermarkets * NTUC Fairprice (Circuit Blk 77) 0.33 km * NTUC Fairprice (Geylang East) 0.95 km * Giant(Aljunied Avenue 2) 1.13 km * Giant(Kampong Ubi) 1.57 km * Circuit Road Market & Food Centre 0.45km * Circuit Road Hawker Centre 0.60km * MacPherson Market & Food Centre 1.30km SCHOOL School within 1 km: * Canossa Catholic Primary School 0.73 km Other Schools Nearby * Macpherson Secondary School 0.34 km * Bartley Secondary School 1.22 km * Cedar Primary School 1.48 km * Cedar Girls' Secondary School 1.57 km * Geylang Methodist School (primary) 1.47 km * Geylang Methodist School (secondary) 1.51 km * Maha Bodhi School 1.52 km * Manjusri Secondary School 1.58 km * Maris Stella High School 1.67 km TRANSPORTATION Buses Connect to: : 135A, 135, 154, 155, 155A, 158, 63, 63M, 65, 66, 40, 61 * Ang Mo Kio * Kembangan * Serangoon * Eunos * Boon Lay * Toa Payoh * Bedok * Tampines * Habourfront * Bukit Batok MRT: MacPherson (CC10 DT26) 0.46 km
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 11 HDB resale transactions (data.gov.sg)
Fair Value
S$194,366
S$301 psf
Asking Price
S$360,000
S$558 psf
vs Market
+85.2%
vs Last Done
+13.4%
Tenure
38 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Medium
11 comps
Nearest MRT
MacPherson
489m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
11 comparable transactions
S$529
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.543
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$301
Recent Comparable Transactions
10 shown · 11 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 24 BALAM RD Floor 01 TO 03 | 646sqft | S$318,000 | ▲S$492 +63.5% vs FV | 99yr from 1967 |
Mar 2026 | Blk 24 BALAM RD Floor 01 TO 03 | 646sqft | S$318,000 | ▲S$492 +63.5% vs FV | 99yr from 1967 |
Nov 2025 | Blk 24 BALAM RD Floor 01 TO 03 | 646sqft | S$323,000 | ▲S$500 +66.1% vs FV | 99yr from 1967 |
Nov 2025 | Blk 24 BALAM RD Floor 04 TO 06 | 646sqft | S$317,000 | ▲S$491 +63.1% vs FV | 99yr from 1967 |
Aug 2025 | Blk 24 EUNOS CRES Floor 07 TO 09 | 635sqft | S$360,888 | ▲S$568 +88.7% vs FV | 99yr from 1977 |
Jun 2025 | Blk 24 EUNOS CRES Floor 10 TO 12 | 635sqft | S$381,000 | ▲S$600 +99.3% vs FV | 99yr from 1977 |
May 2025 | Blk 24 BALAM RD Floor 01 TO 03 | 646sqft | S$318,000 | ▲S$492 +63.5% vs FV | 99yr from 1967 |
Mar 2025 | Blk 24 EUNOS CRES Floor 10 TO 12 | 635sqft | S$358,000 | ▲S$564 +87.4% vs FV | 99yr from 1977 |
Feb 2025 | Blk 24 BALAM RD Floor 04 TO 06 | 646sqft | S$310,000 | ▲S$480 +59.5% vs FV | 99yr from 1967 |
Feb 2025 | Blk 24 BALAM RD Floor 01 TO 03 | 646sqft | S$320,000 | ▲S$495 +64.5% vs FV | 99yr from 1967 |
Feb 2025 | Blk 24 EUNOS CRES Floor 07 TO 09 | 635sqft | S$370,000 | ▲S$583 +93.7% vs FV | 99yr from 1977 |
Blk 24 BALAM RD
Mar 2026 · Floor 01 TO 03
+63.5% vs FV
Blk 24 BALAM RD
Mar 2026 · Floor 01 TO 03
+63.5% vs FV
Blk 24 BALAM RD
Nov 2025 · Floor 01 TO 03
+66.1% vs FV
Blk 24 BALAM RD
Nov 2025 · Floor 04 TO 06
+63.1% vs FV
Blk 24 EUNOS CRES
Aug 2025 · Floor 07 TO 09
+88.7% vs FV
Blk 24 EUNOS CRES
Jun 2025 · Floor 10 TO 12
+99.3% vs FV
Blk 24 BALAM RD
May 2025 · Floor 01 TO 03
+63.5% vs FV
Blk 24 EUNOS CRES
Mar 2025 · Floor 10 TO 12
+87.4% vs FV
Blk 24 BALAM RD
Feb 2025 · Floor 04 TO 06
+59.5% vs FV
Blk 24 BALAM RD
Feb 2025 · Floor 01 TO 03
+64.5% vs FV
Blk 24 EUNOS CRES
Feb 2025 · Floor 07 TO 09
+93.7% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 38 years, stands at an estimated value of $194,366, translating to a price per square foot of $301. This valuation is notable as it reflects a significant market signal, being assessed at an impressive 85.2% above the baseline. Such a premium indicates robust demand and competitive market dynamics within the Geylang precinct, often associated with its strategic location and accessibility to amenities.
Given the medium confidence level of this model, which is based on an analysis of 11 recent HDB resale transactions in the vicinity, it suggests a nuanced understanding of the local market trends. The substantial difference from the baseline value may be attributed to various factors, including the area's evolving demographic profile and the ongoing urban development initiatives that enhance its appeal. This HDB unit not only represents a sound investment opportunity but also aligns with the broader trends of rising property values in urban Singapore.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.